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Futures Close Report 28th September

USDA Quarterly Stocks Report

  • Domestic US soybean stocks were the largest seen in 11 years as of 1st Sept at 438.1 million bushels (analysts expected 401 million);
  • Domestic US corn stocks were seen at 2.140 billion bushels  (analysts expected 2.010 billion);
  • For wheat stocks were seen at 2.379 billion bushels (analysts expected 2.343 billion).